Dynamix Realty, a subsidiary of DB Realty, which has come under the scanner in the 2G spectrum allocation scam, had deposited Rs 4.5 crore in the bank account of the son of Congress MLA Kripashankar Singh, facing a court case for allegedly amassing huge illegal wealth.
According to bank documents annexed to a PIL filed in Bombay High Court against the MLA, the statement of Samata Sahakari Bank account in the names of his son Narendra Mohan Singh and daughter-in-law Ankita, showed four deposits made by Dynamix Reality, totalling Rs 4.5 crore during 2008-2009.
The first deposit of Rs 50 lakh was made on August 23, 2008, in the joint bank account of Narendra and Ankita. The second entry of Rs 2 crore was made on January 1, 2009 in Narendra's account, while the third and the fourth deposits of Rs 1 crore each (also in the account of Narendra) were made on February 10 and 27, 2009 respectively.
A statement by the depositor, meanwhile, said, "Dynamix Realty had given a loan to Mr Narendra Mohan Singh which has been repaid to the company on March 12, 2010". The Bombay High Court had on March 3 come down heavily on state Anti-corruption Bureau, Income Tax and Enforcement Directorate for not sharing information among themselves and asked the agencies to probe the source of transactions reflected in the bank accounts of Kripashankar Singh and his relatives.
